BGK sold bonds for PLN 564.51 mln, demand of PLN 987.01 mln
Bank Gospodarstwa Krajowego (BGK) has sold government bonds totaling PLN 564.51 million in nominal value, including series FPC0328 (PLN 12 million), FPC0631 (PLN 112.51 million), FPC0733 (PLN 210 million), and FPC0342 (PLN 230 million). The total demand for these bonds was PLN 987.01 million.
The bonds are secured by a state guarantee and were issued to support the COVID-19 Counteracting Fund, overseen by the Prime Minister. The issuance was managed by the National Bank of Poland (NBP) as the agent. This issuance is based on the amendment to the law dated March 31, 2020, addressing COVID-19 and related crisis situations. BGK, a state development bank, supports economic growth in Poland through various programs and partnerships.
